Trading is not easy. Takes lots of time just to master the basics. Here's my list of 14 top-quality master cheat sheets to help you learn faster👇🧵
#1 Master Cheat Sheet
Basic terms and definitions regarding polarity change principle, order blocks, as well as throwbacks.
#2 Master Cheat Sheet
Position sizing or money management is a subject to many theories to find the optimal size of an entry. This piece below can suggest where to start.
#3 Master Cheat Sheet
Mean reversion trading relies on the principles of oversold and overbought trends, which trigger divergences. Here's an example of how to read regular vs. hidden divergences.
#4 Master Cheat Sheet
What every crypto trader needs to know - Psychology of a #Bitcoin cycle
#5 Master Cheat Sheet
Price and volume can sometimes help determine market tops and bottoms, but not always.
Here's how to interpret price vs. volume changes
#6 Master Cheat Sheet
How about a bad trading day, when nothing goes right?
Check this set of tips on how to well handle the mindset
#7 Master Cheat Sheet
At any time, should you NOT trade without a well-defined trading plan.
BTW, I'm really glad this thread blew up. Lots of beginning traders will have a chance to see it and learn faster. Now, that my free trading congress is coming to you Nov 21-28, you will catch even more top-quality content every day. Free for all. Enrol 👉 bit.ly/3zU7nRz
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Today’s #FOMC 75 bps rate hike release falls under the category of Event Trading Day. I’ve put together this short thread to help you trade safely through it. Here’s what you need to know:
1. The FOMC decided the hike of 75 bps.
It is a short-term event regarding today’s market conditions. So, it should only bear short-term implications.
Few FOMC announcements should bring major market reversal.
The long-term trends come rather from the FED’s overall regime.
2. Price trends are driven by traders’ expectations of what the future will look like.
Prices in the financial markets, hence, don’t represent actual current value, but rather what the investors imagine.
Therefore, traders tend to price in and anchor around their anticipations.
It's one of the most googled questions. You can't really predict that. Or can you? Time to debunk some myths.
Here's what you must know as a chart trader🧵👇1/x
#1 The definition is where most get it wrong already.
Technical analysis = art of price study.
It is used to identify trend changes at an early stage and to maintain an investment position until the weight of the evidence indicates that the trend has reversed". (Pring, 2002)